Business Savings Accounts
Options to help you grow your business over time. Choose a Business Savings account or a Money Market deposit account.
Business Savings
Earn interest and have funds available when needed.[1]
- Includes two free withdrawals or transfers per month.
- A $1 fee will be imposed for each additional withdrawal.
- Interest is compounded daily and paid monthly.
- $5 monthly maintenance fee when minimum daily balance falls below $300.
- No monthly maintenance fee when the minimum daily balance is maintained.
- Minimum opening deposit $100.
Big Business Savings
Earn more interest and have funds available when needed.[1]
- Includes two free withdrawals or transfers per month.
- A $1 fee will be imposed for each additional withdrawal.
- Interest is tiered, variable, compounded daily and paid monthly.
- $8 monthly maintenance fee when minimum daily balance falls below $1,000.
- No monthly maintenance fee when the minimum daily balance is maintained.
- Minimum opening deposit $100.
Public Funds Savings
Available only to public or governmental agencies.
- Includes two free withdrawals or transfers per month.
- A $1 fee will be imposed for each additional withdrawal.
- Interest is compounded daily and paid monthly.
- $5 monthly maintenance fee when minimum daily balance falls below $300.
- No monthly maintenance fee when the minimum daily balance is maintained.
- Minimum opening deposit $100.
Business Money Market
Earn interest and have the flexibility of check access.[1]
- Interest is tiered, variable, compounded monthly and paid monthly.
- $10 monthly maintenance fee when minimum daily balance falls below $2,500.
- No monthly maintenance fee when the minimum daily balance is maintained.
- Minimum opening deposit $100.
Big Business Money Market
Earn even higher interest with the flexibility of check access.[1]
- Interest is tiered, variable, compounded monthly and paid monthly.
- $10 monthly maintenance fee when minimum daily balance falls below $10,000.
- No monthly maintenance fee when the minimum daily balance is maintained.
- Minimum opening deposit $10,000.
Notes
- Refer to Your New Account Agreement & Disclosure booklet and Service Fees Schedule for additional account and fee information.
Transfer Limits
- Transfers from a Savings or Money Market account to another account or to third parties by preauthorized, automatic, savings overdraft protection, telephone, point-of-sale (“POS”) transactions or computer transfer or by check, draft or similar order to third parties are limited to six per calendar month or statement cycle.
- If you exceed these transfer limits on your money market account, we may close the account, impose a fee and/or change the account to a non-interest bearing demand deposit account if you are not eligible for an interest bearing demand deposit account.
- If you exceed these transfer limits on your savings account, we may close the account and impose a fee.